California RealEstateRama
Long-Time Marina Manor Public Housing Development Resident Turns 103
WASHINGTON, D.C. - March 22, 2013 - (RealEstateRama) -- With her family and friends by her side, Lillian Thompson, a long-time resident of the Marina Manor Public Housing Development, and one of the Housing Authority of the County of Los Angeles’ (HA...
Momentum Builds for Rep. Schiff’s Bill to Reduce Helicopter Traffic and Noise over Los...
Washington, DC - March 20, 2013 - (RealEstateRama) -- Momentum continues to build for legislation that Rep. Adam Schiff (D-Burbank) introduced last month to regulate helicopter traffic and noise in Los Angeles County. Several affected cities and local ...
Annuity and home refinance scam cause homeowners’ foreclosure
LOS ANGELES, CA - March 19, 2013 - (RealEstateRama) -- The California Department of Insurance (CDI) announced today that Harold John Shields of Hawthorne, CA, 57, was extradited from Houston, Texas on March 7, 2013 and booked in the Century Sheriff Sta...
Rep. Vargas Cosponsors “Rural Housing Preservation Act” to Protect Affordable Housing in Imperial and...
Washington, DC - March 18, 2013 - (RealEstateRama) -- Rep. Juan Vargas (CA-51) proudly cosponsored H.R. 858, the “Rural Housing Preservation Act”, introduced by Rep. Fortenberry (NE-1), which preserves the definition of “rural” until 2020 Censu...
Costa Announces Almost $390,000 to Fight Homelessness in Merced County
Washington, DC - March 15, 2013 - (RealEstateRama) -- Rep. Jim Costa announced that$388,144has been awarded to Merced County organizations from the U.S. Department of Housing and Urban Development (HUD). The funds were made available through the Contin...
ONE-STOP HOUSING AND SERVICE CENTER FOR HOMELESS SAN DIEGANS BECOMES REALITY WITH GRAND OPENING...
SAN DIEGO, CA - March 15, 2013 - (RealEstateRama) -- A unique approach to helping 223 homeless men and women escape homelessness has become a reality in downtown San Diego with the grand opening today of the city-sponsored Connections Housing Downtown,...
Renovation of Three Housing Developments Opens New Doors for 180 Residents
WASHINGTON, D.C. - March 15, 2013 - (RealEstateRama) -- Today, the City of Long Beach, The Long Beach Housing Development Company (LBHDC) and developer/property manager Abode Communities celebrated the grand re-opening of Evergreen Apartments, three mu...
CÁRDENAS LEADS DEFENSE OF MORTGAGE INTEREST TAX DEDUCTION
Washington, DC - March 15, 2013 - (RealEstateRama) -- During Wednesday’s hearing of the House Budget Committee, U.S. Rep. Tony Cárdenas (D-San Fernando Valley) introduced an amendment protecting the most important tax deduction for middle class Amer...
Bay Area Home Sales Ease Amid Tight Supply; Median Price Up Again from 2012
La Jolla, CA - March 14, 2013 - (RealEstateRama) -- Bay Area home sales eased back a notch while prices continued their upward off-bottom bounce last month, the result of a slow rebalancing act in a market environment of constrained supply and finicky ...
Costa Announces More Than $5.3 Million to Combat Valley Homelessness
Washington, DC - March 14, 2013 - (RealEstateRama) -- Rep. Jim Costa announced more than $5.3 million has been awarded to Fresno and Madera County organizations from the U.S. Department of Housing and Urban Development (HUD). The funds were made availa...
Waters and Capuano Reintroduce Bill to Strengthen Federal Housing Administration
Washington, DC - March 14, 2013 - (RealEstateRama) -- Today Congresswoman Maxine Waters, Ranking Member of the House Committee on Financial Services, reintroduced the FHA Emergency Fiscal Solvency Act. The legislation, co-sponsored by Representative Mi...
NHS of Los Angeles County Helps Launch National “Home Matters” Movement
Washington D.C. - March 14, 2013 - (RealEstateRama) -- On Capitol Hill, NHS of Los Angeles County helped launch a new national movement called Home Matters™, which aims to build public support for the essential role that Home plays as the bedrock for...
Southland Home Sales at Six-Year High; Median Price Up Again Yr/Yr
La Jolla, CA - March 14, 2013 - (RealEstateRama) -- Southern California logged the highest February home sales in six years last month amid relatively strong sales of mid- to high-end properties and a record share of homes sold to absentee buyers. The ...
Reclassifying Real Estate Agents as Employees (DeLong, Lowenthal, O’Donnell)
WASHINGTON, D.C. - March 11, 2013 - (RealEstateRama) -- Request that the City Attorney draft an ordinance amending the appropriate section of the Long Beach Municipal Code to reclassify realtors from independent contractors to employees.
Neighborhood Housing Services of Los Angeles County (NHS) Along With the City of Pico...
Los Angeles, CA - March 8, 2013 - (RealEstateRama) -- Neighborhood Housing Services of Los Angeles County is joining forces with City of Pico Rivera to help families with homeownership. Home affordability is higher now than in the past, this is a great...
Two Northern California Real Estate Investors Agree to Plead Guilty to Bid Rigging at...
WASHINGTON, DC - March 8, 2013 - (RealEstateRama) -- Two Northern California real estate investors have agreed to plead guilty for their roles in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in Northern Cali...
Hines and Invesco Acquire Historic Rialto Building in San Francisco’s South Financial District
SAN FRANCISCO, CA - March 8, 2013 - (RealEstateRama) -- Hines, the international real estate firm, and Invesco Real Estate, announced today that they have jointly acquired the Rialto Building located at 116 New Montgomery Street in San Francisco’s So...
CHF|CIRB December 2012 California Construction Review
WASHINGTON, D.C. - March 6, 2013 - (RealEstateRama) -- This week CHF|CIRB has released the December California Construction Review to subscribers. Overall, California has seen a 5% increase in housing permits from December 2011. Year-to-date permi...
Congresswoman Matsui Introduces Legislation to Allow Homeowners in a Flood Zone to Rebuild Following...
WASHINGTON, D.C. - March 6, 2013 - (RealEstateRama) -- Today, Congresswoman Doris Matsui (CA-06) introduced legislation to help homeowners who live in FEMA Special Flood Hazard Areas and whose homes have sustained major damage from a fire or other unfo...
Neighborhood Housing Services of Los Angeles County (NHS), Assemblymember Raul Bocanegra and Pacoima Neighborhood...
Los Angeles, CA - March 4, 2013 - (RealEstateRama) -- At first glance, Pacoima looks like any other quaint neighborhood. What makes this community different is that it’s located in an area that has been significantly affected by the foreclosure crisi...
Hacienda Heights Community Breaks Ground on New Orange Grove Park
Los Angeles, CA - February 28, 2013 - (RealEstateRama) -- Los Angeles County Supervisor Don Knabe joined local officials in the groundbreaking celebration for the future 5.5-acre Orange Grove Park. The County entered into a 40-year ground lease and j...
CSH Provides Predevelopment Support to Veterans Commons in San Francisco
WASHINGTON, D.C. - February 28, 2013 - (RealEstateRama) -- The grand opening and ribbon cutting ceremony for Veterans Commons in San Francisco was celebrated by public officials, including San Francisco Mayor Ed Lee and Congresswoman Nancy Pelosi, and ...
Bank Executive Sentenced to 30 Months in Prison for Mortgage Fraud Scheme in California
SACRAMENTO, CA - February 26, 2013 - (RealEstateRama) -- U.S. District Judge William B. Shubb sentenced Joel Blanford, 44, of San Ramon, California, to 30 months in prison, to be followed by three years of supervised release, for a mortgage fraud schem...
Zephyr Real Estate Is Number One Brand in San Francisco
San Francisco, CA - February 25, 2013 - (RealEstateRama) -- Zephyr Real Estate, San Francisco's largest independent real estate firm, achieved a sales volume of $1.5 billion in 2012, making it the City’s number one real estate brand. Zephyr has consi...
Congressman Sherman Honored for Support of Affordable Housing and Homeownership Preservation
CANOGA PARK, CA - February 22, 2013 - (RealEstateRama) -- Today, Congressman Brad Sherman (D-Sherman Oaks), a senior member of the House Financial Services Committee, received the “Friend of Affordable Housing Award” from the Federal Home Loan Bank...
Congressman Denham Introduces Bill to Reduce Federal Real Estate Footprint, Save Billions
WASHINGTON, DC - February 15, 2013 - (RealEstateRama) -- U.S. Representative Jeff Denham (R-Turlock) today re-introduced H.R. 695, the Civilian Property Realignment Act (CPRA), legislation which would streamline the process for disposing of unneeded an...
Bay Area Housing Market Continues Off—Bottom Bounce
La Jolla, CA. - February 14, 2013 - (RealEstateRama) -- Turnaround trends continued apace in the Bay Area housing market last month with the strongest January sales in six years and the tenth straight year-over-year increase in the median sale price, a...
Feinstein to White House: Fund West LA VA Renovation for Homeless Vets
Washington - February 14, 2013 - (RealEstateRama) -- Senator Dianne Feinstein and Congressman Henry A. Waxman (both D-Calif.) sent a letter to Acting Director of the White House Office of Management and Budget Jeffery Zeints urging the president to inc...
Southland Begins 2013 With Sales and Price Gains Vs. Year Earlier
La Jolla, CA - February 13, 2013 - (RealEstateRama) -- Southern California's housing market started 2013 with the highest January home sales in six years as sales to investors and cash buyers hovered near record levels and move-up activity remained rel...
Lee & Associates Closes a $2.69 million Industrial Sale in Pomona
ONTARIO, CA - February 13, 2013 - (RealEstateRama) -- Lee & Associates, one of the largest broker-owned commercial real estate firms in the country, closed a $2.69 million, 43,900 square foot industrial building at 2778-2788 Pomona Blvd in Pomona,...